how much tax do you pay for lottery winnings
How Are Lottery Winnings Taxed in California?
how much tax do you pay for lottery winnings
how much tax do you pay for lottery winnings
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how much tax do you pay for lottery winnings How much the winner could owe in taxes Before seeing a penny of the jackpot, the winner will pay a 24% mandatory upfront federal withholding Before the winner receives any of the money, however, the IRS automatically takes 24% of the winnings The rest of the winnings are expected to be paid by the The amount won is subject to a tax of 30% from the winner, irrespective of any other income the individual might be earning This is maintained